This is what the Mail’s Adam Crafton has reported overnight that the deal to buy Newcastle has concluded according to the reps of Sheikh Khaled bin Zayed Al Nehayan.
We will wait and see, however, since they tried to buy Liverpool for a massive £2B last August, and apparently didn’t come up with the funds.
Crafton also reported on that deal.
But £350M is a lot less than £2B – £1.65B less – we assume these reports are accurate.
We hope the reports are accurate – here are the tweets sent out by Adam Crafton.
BUT caution needed. As reported in August, same Sheik had a £2bn agreement in principle with Liverpool. His CEO met Tom Werner in NYC. But they failed to provide proof of funds or £25m deposit/downpayment. Tonight, however, they insist they have bought Newcastle. 2/2
— Adam Crafton (@AdamCrafton_) May 26, 2019